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Buying Gold

martin st ledger said:
Have you been selling at the recent high prices and could you recommend the best u.k specialist bullion dealer, in your experience to buy from atm?,
Thanks.
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I find Hatton Garden Metals generally to be the best, both pricewise and for availability. Go for 'Best value' coins - these are slightly worn, lightly scratched or have minor dints (often called 'bag marks'). These are of no interest to collectors, but are still good as bullion.
 
Grey Man said:
I find Hatton Garden Metals generally to be the best, both pricewise and for availability. Go for 'Best value' coins - these are slightly worn, lightly scratched or have minor dints (often called 'bag marks'). These are of no interest to collectors, but are still good as bullion
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I invested in some Gold in 2010........it was recommended by my Pension advisor......its done very well........Ive never seen it....its only on paper but its worth around three times what I paid.
 
bi6als said:
I invested in some Gold in 2010........it was recommended by my Pension advisor......its done very well........Ive never seen it....its only on paper but its worth around three times what I paid.
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It's been very stable for the last 12/14 year's apart from a couple of smallish blips, like any investment it's about staying calm when thing's turn volatile & not panicking!.
Also never over commit incase you need to liquidise quickly.
 
I purchased a king Charles 1oz brittania in summer.
It's now collecting dust in my ammo safe 😄
 
bi6als said:
I invested in some Gold in 2010........it was recommended by my Pension advisor......its done very well........Ive never seen it....its only on paper but its worth around three times what I paid.
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dont forget "paper gold" is subject to CGT, physical soverigns and britannia arent!
 
If the world goes to rat shit and 'physical' money dissappears or inflation makes a loaf of bread a thousand quid...how are you going to buy anything with the gold?
Pop into a shop and trade bits of gold for essentials?
I get why its done, as a back stop to ensure you have something tradeable, but in reality how would it work ?
 
Jukebox said:
If the world goes to rat shit and 'physical' money dissappears or inflation makes a loaf of bread a thousand quid...how are you going to buy anything with the gold?
Pop into a shop and trade bits of gold for essentials?
I get why its done, as a back stop to ensure you have something tradeable, but in reality how would it work ?
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Gold has been used as a currency for thousands of years... outlasting every other type of currency 😎, it will survive I'm sure 😄
 
Jukebox said:
If the world goes to rat shit and 'physical' money dissappears or inflation makes a loaf of bread a thousand quid...how are you going to buy anything with the gold?
Pop into a shop and trade bits of gold for essentials?
I get why its done, as a back stop to ensure you have something tradeable, but in reality how would it work ?
Click to expand...

The way I see gold/silver being used in a shtf scenario is that it preserves your wealth pre/post collapse.

If your wealth is in pounds and the currency collapses you've lost everything.
If your wealth is in gold its worth X amount in pounds pre collapse and X amount in new world order digital currency in the society rebuild
 
Had this stuck in a drawer for a few years it was on a keyring ....silver but no idea how old it is 🤔
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I have a stack of gold/silver modern and historic.

A couple of interesting pieces from my collection:

1 / 2 / 4 Escudos cobs. Phillip II Spain 1556 to 1598 (pre 8 Escudos creation due to inflation lol). Proper pirate age treasure e.g doubloons for the 2 escudos

The 2nd piece is a one off commission I had made from shipwreck recovered silver bars from the Gairsoppa. The main bar is just over 1kg, the silver button is representative of the original silver bar mint mark and the 3D barcode takes you to the youtube vids of the bar creation and pouring with the video files on the SD card for authenticity verification.
 

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